Regency IQ

Regency IQ

Smart procurement software

Delivering spend control, compliance and efficiency

A cloud-based single and multi-site purchasing solution providing comprehensive real-time spend visibility, in-depth analytical reporting, business intelligence and enhanced opportunity identification, saving you time and money.

REAL-TIME DATA AT A GLANCE
Quick reference dashboard
Interactive, quick glance reports, graphs and charts providing detailed visibility of your spend, with single and multi-site view options.
  • Overview of total spend over the last 30 days
  • Overview of total spend over the last 12 months
  • Year-on-year spend analysis, with monthly spend comparisons
  • Complete view of all invoices and credits received in last 30 days
  • Top 10 products overview, including supplier, quantity ordered and total spend
  • Top 10 suppliers overview, including quantity of products order and total spend
  • Single and multi site view.
SPEND ANALYSIS
Invoices and credit notes all in one place
Review and analyse spend with procurement data and documents all in one place.
  • Complete view of all invoices and credits, including product level detail
  • Single and multi-site view options
  • Advanced, multi-layered search and filter functionality - filter by site, date, supplier, product or custom search.
PRICE MANAGEMENT
Automated price checks
Instantly identify off-contract purchases and price discrepancies with automated invoice price checks.
  • Complete view of all on and off-contract purchases at invoice and product level
  • Off-contract purchase alerts at invoice and product level
  • Price discrepancy alerts at invoice and product level
  • Automatic price discrepancy calculations displaying value of credit to request from supplier.
SUPPLIER MANAGEMENT
Centralised supplier data at the touch of a button
Comprehensive spend visibility by supplier with detailed analysis tools, and a complete supplier database with instant access to contact details and product catalogues.
  • Advanced, multi-layered supplier spend analysis with comprehensive search and filter functionality
  • Complete database of all active suppliers, including contact details and product categories supplied
  • Downloadable, pre-populated stock and order sheets with customisable data display
  • Database of product catalogues for all active suppliers
  • Dynamic catalogue search and filter functionality - by product, supplier, category, contracted/non-contracted products
  • Instant view of individual product ingredients and dietary info, incl. allergy data, nutritional summary and reference intake.
PRODUCT MANAGEMENT
Purchasing transparency with real-time accuracy
Advanced purchasing data analysis by product with drill-down capabilities. Complete visibility of historical product and pricing trends for enhanced opportunity identification and strategic forecasting.
  • Complete view of top products ordered by total spend or quantity
  • Proportional breakdown of products ordered across all business sites
  • Advanced, multi-layered product purchase analysis with dynamic search and filter functionality
  • Review product purchase data by spend, quantity ordered, unit price, contract price or variance
  • Instant visibility of contracted price variances across business sites
  • Detailed historical product price trend analysis.
SUPPORT & DEVELOPMENT
Ongoing support and software enhancements
Developed from the ground up using our knowledge and experience as owner-operators, Regency IQ is intuitive, simple to use and fast to set-up. The cloud-based software has been designed by end-users, for end-users - we focus on making things easy.

Our support team assists users at all stages of the partnership, to ensure your business is reaping the benefits of our system.

By combining our market knowledge and business goals, equally weighted with member feedback, the solution is continuously upgraded with new features and developments.

Request a demo

+44 (0) 1934 646 135





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